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Oil May Plunge to $20, Signalling Economic Disaster: “The Numbers Are Dreadful And Unprecedented”

Oil May Plunge to $20, Signalling Economic Disaster: “The Numbers Are Dreadful And Unprecedented”

by Mac Slavo | Nov 20, 2015 | Aftermath, Commodities

The price of oil has long been a key indicator of economic health and stability. And that index is tanking fast. In the last few years, dramatic overproduction of oil has become a major tool of geopolitical conflict. As prices have plummeted from $110/barrel to $40,...
China Slows As Baltic Dry Index Hits Record Low “Not Seen In Darkest Moments Of Last Crisis”

China Slows As Baltic Dry Index Hits Record Low “Not Seen In Darkest Moments Of Last Crisis”

by Contributing Author | Nov 20, 2015 | Aftermath, Commodities

This article was written by Michael Snyder and originally published at his Economic Collapse blog. Editor’s Comment: By all accounts, things are grinding to a halt and reaching the point of unavoidable crisis. Nothing short of all out world war may be able to...
Global Trade Dramatically Collapsing: “Next Major Downturn Has Officially Arrived”

Global Trade Dramatically Collapsing: “Next Major Downturn Has Officially Arrived”

by Contributing Author | Nov 11, 2015 | Aftermath, Commodities, Conspiracy Fact and Theory

This article was written by Michael Snyder and originally published at his Economic Collapse blog. Editor’s Comment: The real economy on the ground level is hurting badly. It is already happening. The numbers for commodities, global shipping and trade are all...
Obama’s Wars Are a Desperate Attempt to Save the Dollar: “Global Hegemony Under Attack”

Obama’s Wars Are a Desperate Attempt to Save the Dollar: “Global Hegemony Under Attack”

by Mac Slavo | Nov 6, 2015 | Conspiracy Fact and Theory, Emergency Preparedness, Headline News

Why are Americans today in so much peril? It all boils down to currency, and specifically role of the U.S. dollar as the global reserve currency. Up until this point, the world’s oil has been traded for dollars, and petrodollars, in turn, rule the world. But the...
Oil Endgame? Pushing Point Where “Exporters No Longer Able to Fund Their Welfare States”

Oil Endgame? Pushing Point Where “Exporters No Longer Able to Fund Their Welfare States”

by Contributing Author | Sep 9, 2015 | Commodities, Conspiracy Fact and Theory

This article was written by Charles Hugh Smith and originally published at his Of Two Minds blog. Editor’s Comment: **Welfare** isn’t just for poor people. Welfare for the elites – including corporate welfare and crony capitalism – is one of the biggest...
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